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2018-12-17 Africa Subsaharan

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Posted by Besoeker 2018-12-17 06:58|| || Front Page|| [7 views ] Top

#1 If South Africa really strips white farmers of their property next year, how long will Mr. Uren be allowed to keep his award-winning company?

Posted by trailing wife 2018-12-17 14:05|| 2018-12-17 14:05|| Front Page Top

#2 Firms like Jendamark, Denel, the Protea Hotel Chain, the mines, and game farms lay golden cash eggs for the government. The farmers, not so much.

Posted by Besoeker 2018-12-17 14:16|| 2018-12-17 14:16|| Front Page Top

#3 “As someone who was classified as ‘coloured’,

I forget the nuances of SA's racial categories, but that should provide at least a bit of protection when the hyenas come calling. As long as the cash flows...

Posted by SteveS 2018-12-17 14:43|| 2018-12-17 14:43|| Front Page Top

#4 One aspect I neglected to mention, Affirmative Action (Black Economic Empowerment or BEE in South Africa) certainly applies. Big firms can afford to sprinkle 'notional' minority executives into high-paid/high-visibility positions. Oftentimes Black entry is 'mandated' by the gov't. Sound familiar ?

Farmers don't generally have those types of positions or flexibility.

Posted by Besoeker 2018-12-17 17:26|| 2018-12-17 17:26|| Front Page Top

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